Weaker Albertsons Stores Getting Stronger, Miller Says

BOISE, Idaho Albertsons LLC, the company composed of the least profitable stores that were split off when Albertsons was sold last year, may not be a losing proposition after all. According to Bob Miller, president and chief executive officer, the company is operating with a positive cash flow that's better than the investment in real estate, and most of the stores are running positive same-store

BOISE, Idaho — Albertsons LLC, the company composed of the least profitable stores that were split off when Albertsons was sold last year, may not be a losing proposition after all.

According to Bob Miller, president and chief executive officer, the company is operating with a positive cash flow “that's better than the investment in real estate,” and most of the stores are running positive same-store sales.